The long-term lease for Ka Makana Alii is expected to generate more than $200 million in rent revenue that will support the construction of thousands of new homes for Hawaiian homesteaders, as well as programs benefitting Native Hawaiian interests across the state, the developer said.

Steve Kelly, vice president of an affiliate of The James Campbell Co., told PBN, that R.D. Olson is under contract to buy property, which it would to develop, own and operate the Marriott Residence Inn.

The Los Angeles-based trendy fashion retailer will open in a single-story, 12,000-square-foot store at Ka Makana Alii, which is expected to break ground later this year with the first phase of the mall scheduled to open in 2016.

Kirk Horiuchi, senior vice president and Hawaii Retail Market Lead for JLL, is leading the team on the project, which will be built on land in Kapolei leased from the Department of Hawaiian Home Lands.